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Right, totally agree, but this is not the reason that micropayments is not more commonplace. It's equally difficult to get people to log into a payment system t
by vortico 9y ago
Right, totally agree, but this is not the reason that micropayments is not more commonplace. It's equally difficult to get people to log into a payment system to pay $1.40 vs $1.55.
- alexasmyths 9y agoThe micropayments are not there because of the minimum charge on VISA transactions of about 25 cents.
- vortico 9y agoI already mentioned two ways around this, which is why your argument is void: Holding small amounts in PayPal (or similar) accounts, and bypassing cards entirely and using bank routing transactions. Both are solved technical problems.